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Retirement
How to save funds for the need in old age years
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[QUOTE="Alexandoy, post: 148496, member: 25510"] When you say old age that means the person is out of job and needing the service of a caregiver which can be partially or completely. Many seniors with debilitating health problems do not want to go to the nursing home. For them the nursing home is like a fashionable prison. For the rich families they prefer to keep their aged parents at home and be taken care of a private nurse or caregiver. For an ordinary employee, how do you save funds for that eventuality? A friend said that she was saving a few hundred pesos every month from her salary. But when she retired that savings was eaten by emergency expenses. A health insurance is good but it has a limit on the maximum age. My idea is to invest in blue chip stocks with the market price that is always stable. What can you suggest? [/QUOTE]
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